"The Mystical Millennials are overly romanticized," said Vic Pascucci, managing partner at VC firm Lightbank. Panelists at Morningstar's New York FinTech Forum, agreed that FinTech services are overly focused on Millennials, with a tendency to focus on FinTech products over consumer experience.

Recent research bears them out.

"Digital currency is inevitable," I told a federal reserve researcher recently.

"You mean fiat currency? Issued by the Fed?" She was a bit taken aback by my certainty.

"Yes, it's inevitable. I'm not saying when or how or what, but that's where the market is moving."

Co-authored with Wyatt Ritchie, a senior banker focusing on Post-Acute Care and Outsourced Services.  

Nature thrives on symbiosis. Its many ecosystems would not exist without important relationships between sometimes strange bedfellows. The oceans’ most colorful coral reefs, for example, are often found in clear water relatively devoid of nutrients.

It's data. As The Economist newspaper put it in last week's briefing, "data are to this century what oil was to the last one: a driver of growth and change."

Financial regulators leave a lot to speculation in their public speeches. They leave clues and indicators but, knowing market participants are eager for early policy indications, they are careful not to say much.

Data and analytics are the tactical drivers of FinTech, the heart and muscle moving the digital transformation of financial services. The strategic brains of the business lie in the prenatal business logic that will create new financial pathways.

Co-authored with Gaurov Dayal and Jeff Smith of Lumeris.

In an ideal state, a well-functioning healthcare delivery system should provide the right care at the right time and the right place, while being accountable for clinical and financial outcomes.

The world may be headed toward “peak globalization”. This shift could empower individuals and communities to strengthen democracy, while easing some of the most troublesome aspects of globalization.

In a March 29th New York Times article, author Elizabeth Rosenthal chronicles America’s dystopian system for coding and billing medical treatments. Rosenthal concludes that the medical-billing system itself is a primal cause of the nation’s sky-high medical costs,